Guide Price £170,000 Plus Fees For sale by unconditional online auction, registration is now open. Bidding opens on 29/10/2025 10:00 and ends on 29/10/2025 12:55.
For sale by online auction on 29 October 2025 Commercial Investment Opportunity 13.23% Yield at the Guide Price Ground Floor Returns £22,500 First Floor is Vacant Potential to Develop the First Floor STPP Great Location
Town & Country Property Auctions are pleased to present this high yielding two storey commercial investment opportunity located in the heart of Boston. The ground floor is currently returning £22,500 per annum which gives a 13.23% yield at the guide price, the lease expires on in October 2028. The first floor is currently vacant and offers the potential for further development subject to the relevant planning permissions and building regulations. Please see the legal pack for more information.
Tenure Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Town & Country Property Auctions - London. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Town & Country Property Auctions - London for full details and further information.